Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: lewislynn
The Fairtax specifically taxes the gross income from sales and services...

Say what?

It taxes the purchaser! You need a basic refresher on the Fair Tax.

50 posted on 04/17/2012 1:57:13 PM PDT by foxfield
[ Post Reply | Private Reply | To 17 | View Replies ]


To: foxfield
It taxes the purchaser! You need a basic refresher on the Fair Tax.
Nope, sounds like you need an education on the Fairtax, not a refresher.

The law states the rate is 23% of the gross payments received.

Do purchasers receive payments?

There's nothing anywhere in the law about what the tax rate is for the consumer/purchaser...only the business.

64 posted on 04/17/2012 10:26:13 PM PDT by lewislynn ( What does the global warming movement and the Fairtax movement have in commom? Misinformation)
[ Post Reply | Private Reply | To 50 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson